Alibaba

ByteDance

Huawei

Meituan

Tencent

Xiaomi

Most Followed

KrASIA Connection

100 AI Creators

China's Auto Sector

Inside China's Startups

Venture Roundup

Our Events

View All

Collections

News

Features

Insights

Ecosystem

Press Releases

Anker

DeepSeek

Li Auto

MiniMax

Pop Mart

Xpeng

On the Radar

Shein expects to report USD 2 billion in net income in 2025, nearly double last year’s USD 1.1 billion, as price hikes and cost-cutting help offset we…

Events

Latest

About

Consumer

Robotics

Fintech

Collaborate

How are driverless systems redefining mobility? Uncover sensor technologies, regulatory frameworks, and AI driving cars without human intervention.

Autonomous Vehicles

How do goods cross borders seamlessly? Examine warehousing tech, route optimization, and data analytics building efficient supply chains.

Logistics

How is the way we move evolving? Explore developments in autonomous transportation, electric vehicles, and more efficient urban transit.

Mobility

How do goods and people flow worldwide? Examine transport networks, logistics innovations, and policies shaping global connectivity.

Transportation

China

Neolix said it has deployed 10,000 self-driving vehicles, marking an industry milestone.

China races ahead in robovans even as autonomous delivery challenges remain

Decoding China&#039;s tech and business pulse

KrASIA

As part of 36Kr’s ongoing partnership with Nikkei, you can read selected content from Nikkei Asia on KrASIA.

Nikkei Asia

Singapore

South Korea

Southeast Asia

A KISED-led delegation made a strong showing at this year’s SWITCH, highlighting South Korean interest in Singapore and the wider region.

At SWITCH 2025, Singapore stands out as South Korea’s new startup gateway

Edric Mak

How do markets shape wealth creation? Study portfolio diversification, asset classes, and strategies balancing growth and risk.

Investment

When do companies invite public investment? Understand listing criteria, underwriter roles, and regulatory steps defining initial offerings.

Why do firms join forces? Investigate synergy goals, valuation methods, and negotiations driving corporate consolidation.

Merger &amp; Acquisition

What happens after acquisitions close? Examine deal structures, operational improvements, and exit strategies molding corporate outcomes.

Private Equity

What fuels startup ecosystems? Review funding rounds, investor strategies, and market insights guiding entrepreneurial growth.

Venture Capital

Australia

Hong Kong

Malaysia

Oceania

Vietnam

Bringing you the latest updates on funding deals and activities in the Asia Pacific.

Deals in brief: Accel invests in Vite+ maker VoidZero, Rolo Robotics and Videotto raise seed funding, Coolmate completes Series C round, and more

An alias used when humans and machines team up in our newsroom. Articles under this byline may be shaped with the help of AI, but are always vetted by a human before publication.

Sudo Lim

KrASIA tracks China’s tech and business stories, alongside key developments across the broader Asia Pacific region.

Header Section | KrASIA

Home

Sections

Header Section

<a href="/company/shein">Shein</a> expects to report USD 2 billion in net income in 2025, nearly double last year’s USD 1.1 billion, as price hikes and cost-cutting help offset weaker US demand from new tariffs. The fast fashion retailer is advancing plans for a Hong Kong IPO, pending Beijing’s approval amid ongoing global scrutiny.

<a href="/company/tesla">Tesla</a> shareholders have approved CEO Elon Musk’s record pay package, potentially worth up to USD 1 trillion over the next decade. Backed by more than 75% of investors, the plan ties Musk’s pay to long-term milestones in autonomous driving, robotaxis, and humanoid <a href="/industry/robotics">robotics</a>, despite concerns over cost, oversight, and his growing influence.

Memory chip and storage prices have reportedly surged across Shenzhen’s Huaqiangbei electronics market, with some DDR5 models nearly doubling in price since September. Vendors said rising <a href="/industry/ai">AI</a>-driven demand for large-capacity chips has also tightened supply for consumer electronics, pushing up prices for smartphones, PCs, and tablets.

<a href="/company/douyin">Douyin</a> has launched a crackdown on <a href="/industry/ai">AI</a>-generated and unauthorized videos that impersonate celebrities for product promotions, following reports that actress Wen Zhengrong’s likeness was used in fake live streams. Vice president Li Liang said the company has penalized over 11,000 accounts and removed thousands of infringing items since October.

The European Commission has opened an anti-subsidy investigation into tyres for cars, light trucks, and buses from China, citing evidence of unfair state support. The probe, which follows an anti-dumping review opened in May, comes amid a 51% rise in Chinese tyre imports since 2021 and could result in provisional duties within nine months.

<a href="/company/alibaba">Alibaba’s</a> quick commerce arm Taobao Shangou generated more than 100 million non-food orders from new users during the first two weeks of its Singles’ Day campaign, the company said. The platform, backed by a RMB 50 billion subsidy plan, is emerging as a major growth driver as Alibaba faces weak consumer demand and rising <a href="/industry/e-commerce">e-commerce</a> competition.

<a href="/company/chery">Chery</a> has opened its first dealership in Germany through Ford dealer Autohaus Tonjes in Neuenburg, offering Jaecoo and Omoda hybrid car models. The launch marks the Chinese automaker’s entry into Europe’s largest automotive market, with plans to expand its dealer network and after-sales services across the country.

GE Healthcare and <a href="/company/alibaba">Alibaba’s</a> Damo Academy signed a cooperation framework on November 6 to integrate Damo’s <a href="/industry/ai">AI</a>-powered medical diagnostic technology into GE’s imaging devices. The partnership aims to create intelligent, unified diagnostic systems and accelerate their market rollout.

Hummingbird Bioscience, a Singapore-based biotech firm, is said to be considering an IPO in Hong Kong next year, according to people familiar with the matter.

<a href="/company/huawei">Huawei</a> has connected 3,000 stores across 247 cities to Taobao Shangou, offering delivery within 30 minutes for customers within a five-kilometer radius. During the first phase of Tmall’s Singles Day campaign, Huawei’s Shangou transactions surged 1,910% week-on-week, adding about 190,000 new customers.

China’s exports are projected to reach USD 4 trillion in 2026, driven by the global ascent of Chinese brands, according to Euromonitor International. Once seen as low-cost alternatives, brands such as <a href="/company/shein">Shein</a>, <a href="/company/alibaba">Alibaba</a>, and <a href="/company/byd">BYD</a> are gaining soft power through innovation and design, helping sustain export growth despite ongoing US tariff uncertainty.

What guides machine-led insights? Uncover AI applications, language models, and decision-making systems transforming sectors worldwide.

Artificial Intelligence

What lies beyond familiar frontiers? Investigate emerging tech—like quantum computing and AI—transforming traditional sectors.

Deep Tech

Foundation and Large Models

It’s price and performance, not geography, that now dictates AI adoption.

Coding tools Cursor and Windsurf found using Chinese AI in latest releases

36Kr is China's most influential business and technology network, delivering high-quality content focused on China’s innovation and new economy trends since 2010. With its extensive traffic and network, 36Kr has built a comprehensive database and strong data analytics capabilities to provide insights into China’s technology landscape.

https://secure.gravatar.com/avatar/a6b9ace74da9df391d5f7ba1892f4393?s=96&d=blank&r=g

36Kr English

What powers tomorrow’s roads? Explore EV adoption, charging infrastructure, and battery advances sparking the shift toward sustainable transport.

Electric Vehicles

Philippines

BYD, Vinfast are among those that benefit from ties with local groups.

Philippine conglomerates offer inroads for China, Vietnam EV brands

https://secure.gravatar.com/avatar/aec5e55596415464d13490d0e0caa9a2?s=96&d=blank&r=g

Exterior of a Bambu Lab retail store in Shenzhen.

How do ideas shape industries? Learn how content, design, and digital artistry influence branding, marketing, and cultural impact.

Creative

Who thrives in a digitally democratized landscape? Discover how independent creators, influencers, and educators monetize content and expertise.

Creator Economy

The lawsuits highlight a growing tension in the industry between open-source ideals and commercial interests.

Shein forecasts USD 2 billion profit in 2025

Latest Pulses

Most Recent

Coding tools Cursor and Windsurf found using Chinese AI in latest releases

Philippine conglomerates offer inroads for China, Vietnam EV brands

Bambu Lab’s MakerWorld sues rival platforms for alleged copyright infringement